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I like long term forex trading, I trade on 4h and daily chart. I want to do swing trading as it is easier than short term trading. In long term trading you don't have to sit in front of the terminal to view every movement of the market. Patience is required to do long term trading but once you get use to it, its very profitable than other types of trading.
I prefer long time forex trading because in long terms you don't have to sit in front of the terminal watching each and every move of the pair and then you can make good profits from long time trading then short term. One great risk is that you have to place your stop loss at a fairly large margin to let price breath within that and if unluckily you SL got hit then it would be huge loss as well.
I just can trade forex in part time, so I can not be a short time trader, but I always exit my trades soon and lost a lot of money. So I made a writen trading plan, and take it seriously, then I found I can control myself, I advise this method in some other thread also I think. Then I can make money this year.
I think its also have great movement when its go down. personally i dont trade gold and silver but watch both price which have great movement when uptrend and downtrend . so its really risky with low capital if we wish for long.
I am fully agree with you . its totally depend on traders and on his understanding . i also think both are profitable if we have proper knowledge and if not then forex is dangerous . i think we can open long as well short for quick profit and long for handsome pips but all is need to good experience and skill in forex.
yes i also believe short and long is not much important things but the important things is that in which method like trader and in which they feel comfortable . anyway both are need skill and if such have then both are opportunity to earn green pips.
its not true short time trade causes loss all time but its also great way to earn quick profit if our analysis is correct and take entry at the good time . anyway there is no doubt with long to follow the trend its low risk but short also not bad and scalping is another things i think.
agar tu aap ma sabar jiada ha tu aur aapki investment b jiada ha tu phr long trading karni chahiye iss ma jiada faida ha aur agar sabar aur investment kam han tu phr short time he jiada thaik ha.
I prefer long time forex trading because in long terms you don't have to sit in front of the terminal watching each and every move of the pair and then you can make good profits from long time trading then short term. One great risk is that you have to place your stop loss at a fairly large margin to let price breath within that and if unluckily you SL got hit then it would be huge loss as well.
I am not agreed with your statement, short term trading will cause looses for the traders because the chances of being over traded are always there for the traders. I personally like long term trades and i am not in the favor of scalping.